FCMB Group PLC

Lagos: February 19, 2013 - Businesses which have been battling with rising cost of funds would have an opportunity of learning how to navigate through courtesy of an international conference – the 2013 edition of the Eurofinance Conference billed for February 21 – 22, 2013.

An initiative of EuroFinance, the conference is a strategic forum for the Africa and global banking industry, and provides a platform for leading experts in transaction banking, treasury management and corporate governance.

First City Monument Bank (FCMB) as part of its ongoing engagement in the economy would be sponsoring the conference which promises to provide turnaround strategies for participating firms. The conference is also expected to explore alternative funding options that exist to drive down cost in the face of the challenges confronting the global economy.

FCMB’s Group Head, Marketing and Communications, Mr. Ikechukwu Kalu, while giving a background to FCMB’s involvement in the conference said:, “FCMB is sponsoring this conference to facilitate an information sharing platform that would enable stakeholders in investment and finance to understand the impact of technological advancement on modern day banking and its ability to enhance and streamline processes in a bid to help maximise their profits and ensure efficiency.”

FCMB’s involvement in the conference is coming at a time when most corporate organisations are looking to streamline their banking transactional processes and require fewer Banks to meet their needs.

Deliberations at the conference will cover key areas like, treasury technology, operating a shared service centre among financial institutions; furthering foreign exchange management and achieving best practice in cash forecasting.

In its bid to further the growth and success of customers, FCMB has over the years partnered with leading organisations and institutions to promote discourse on a wide range of issues that enhance the economic and social growth of individuals and businesses.

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